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House

Friday August 12, 2022

August 12, 2022 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday August 12, 2022

Cooler market helps housing consumers

You may have noticed the house around the corner with the For Sale sign planted on its lawn.

You may have noticed that the house didn’t sell in its first week on the market. Or week two. Three weeks have now passed, and there it still sits. Is it just because it’s summer? Or is it something else? It’s something else.

January 27, 2022

The correction in the housing market has arrived, as the latest numbers released by various housing groups show. The slowdown is more rapid and dramatic than most predicted. Days on the market are growing; active listings are up.

The most recent housing market forecast from the Royal Bank is predicting a national slump in resales outpacing previous peak-to-trough declines, as the bank phrases it, comparing its predictions of what lies ahead to, say, 1981-’82, or 2008-’09.

As the slowdown in the national housing market gained momentum last month, the average selling price of a home touched $665,850 — a decline of almost 20 per cent since February. Average selling prices have declined each month since February 2022, and are down by 1.8 per cent compared to what they were a year ago.

Posted in: Canada, Ontario Tagged: 2022-26, bubble, Canada, home, House, housing, melting, Ontario, real estate

Wednesday December 1, 2021

December 1, 2021 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday December 1, 2021

Why Doug Ford is pushing Ontario’s cities to speed up housing construction

December 11, 2018

Premier Doug Ford and his government want Ontario municipalities to approve new home construction projects more quickly, claiming that delays in approvals are driving up the cost of housing.

Building more homes faster is the central topic of the housing summit that Ford will hold next month with the mayors of Ontario’s 29 biggest cities and the chairs of urban regional municipalities. 

In recent weeks, Ford has repeatedly cited the pace of municipal construction approvals as a barrier to making housing more affordable.   

May 13, 2010

The price of buying a home is soaring pretty much everywhere in Ontario, not just the Toronto and Ottawa areas. What’s far from clear is how much delays in municipal permit approvals contribute to those skyrocketing home prices.  

“We’ve got to start cutting the permit times down big time and start getting houses built as quickly as possible,” Ford said during a news conference in Orillia in response to a question about unscrupulous landlords. 

The province will soon start “scoring” cities and towns on how quickly it takes to issue permits, Ford said.

“Believe it or not, folks, sometimes when [developers] apply for a permit, it can take four to six years. Where in North America does it take four to six years?”. 

Ford said the vast majority of cities in Ontario are slow to approve projects. “It’s just like going on a carousel, they loop you around, loop you around, and guess who’s paying? The people are paying, the developer’s not paying.”

December 10, 2020

Ford’s Minister of Municipal Affairs and Housing, Steve Clark, is also blaming municipal bottlenecks for pushing up the price of homes.

“We know that there are delays, particularly at the municipal level, caused by duplication and red tape that are obstructing new homes from being built, which is shutting out Ontarians and their families from realizing their dream of home ownership,” Clark said to a virtual meeting of the Empire Club of Canada on Thursday.  

“It takes too long to get shovels in the ground as part of the development process,” Clark said during the question and answer session following his speech.

The Ford government has focused on boosting the supply of new homes as its fundamental solution to housing affordability. To achieve that goal, the government is trying to pave the way for new construction to happen more quickly. (CBC) 

 

Posted in: Ontario Tagged: 2021-39, affordable housing, affordablity, developer, Doug Ford, dreams, home, home ownership, House, housing, Ontario, real estate, wealth

Wednesday June 13, 2018

June 12, 2018 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday June 13, 2018

Trump says he’ll punish ‘the people of Canada’ because of Trudeau’s news conference

Escalating his attack on Prime Minister Justin Trudeau, U.S. President Donald Trump is now pledging to punish “the people of Canada” economically because of the post-G7 news conference in which Trudeau criticized Trump’s tariffs.

“That’s going to cost a lot of money for the people of Canada. He learned. You can’t do that. You can’t do that,” Trump said Tuesday in Singapore after meeting with North Korean dictator Kim Jong Un.

Trump repeated the vague threat in an interview with ABC.

“I actually like Justin, you know, I think he’s good, I like him, but he shouldn’t have done that. That was a mistake. That’s going to cost him a lot of money,” Trump said.

Canadian leaders responded with restraint. Trudeau briefly addressed the latest barb on his way into Tuesday morning’s cabinet meeting on Parliament Hill.

“Obviously we support the continuing efforts by the president on North Korea. We look forward to looking at the details of the agreement. On his comments, as I said, I’m going to stay focused on defending jobs for Canadians and supporting Canadian interests,” Trudeau said.

This is the first time Trump has threatened to take out his frustration with Trudeau on the Canadian people.

The threat comes as the two countries attempt to negotiate a new North American Free Trade Agreement and as Trudeau both seeks an exemption from Trump’s steel and aluminum tariffs and attempts to avoid the automotive tariffs Trump is now floating.

Canada’s Foreign Affairs Minister Chrystia Freeland said Tuesday that the government is “prepared for any eventuality” on the possibility of auto tariffs, and that she and Trudeau raised the issue with Trump and other American officials during last weekend’s G7 summit in Quebec. She pointed to Canada’s planned response to the steel and aluminum tariffs — responding duties on a range of U.S. imports worth more than $16 billion — as evidence the government is prepared to be “absolutely resolute” in defending the national interest as trade talks continue.

“From day one, we have said that we expected moments of drama and that we would… keep calm and carry on throughout those moments of drama,” Freeland said. (Source: Toronto Star) 

 

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Posted in: Canada, USA Tagged: Canada, diplomacy, Donald Trump, fire, fury, House, Justin Trudeau, map, NAFTA, North America, tariff, Trade, USA

Saturday August 31, 2013 (Labour Day Weekend)

August 31, 2013 by Graeme MacKay

Graeme MacKay Illustration for Saturday, August 31, 2013 in The Hamilton Spectator

Is Labour Day still every day for women at home?

“Ask of me anything but doing the laundry.” – Napoleon

True, history suggests the diminutive dictator said to ask of him anything but time, but surely that was code for housework.

Times have changed from the days when men left all the chores to women while they brought home the bacon and conquered nations.

Isn’t it true that the division of labour in the home is no longer so imbalanced?

As a sociologist might put it, the answer is yes and no.

A Statistics Canada study says that between 1998 and 2010 men increased the time they spent on home chores by an hour in a given day, while women’s housework time remained constant.

And yet it found that Canadian women still do at least an hour more chores per day then men.

Moreover, women working full time spend nearly twice as much time caring for their children.

So is the egalitarian glass half-full or half-empty? Or should we measure using a smaller glass?

It bears noting that housework for both genders has decreased overall compared to the 1960s, in part due to such things as affordable home appliances, easier to prepare meals and paid home cleaners.

But chores continue to be mostly handled by women. Friction over the imbalance can doom a couple.

“The division of labour in and of itself can torpedo a marriage,” said Gary Direnfield, a Hamilton social worker and author of Marriage Rescue.

“And it’s not necessarily who is doing the laundry but how we feel about who is doing it. We take that as a statement on the relationship, attach meaning to these chores and fight over what we believe it means.”

Women’s lives have been transformed in the past 50 years, McMaster University sociologist Melanie Heath wrote in an email from Paris where she is conducting research. (Continued… Source: The Hamilton Spectator)

Posted in: Lifestyle Tagged: day, duties, Family, gender, House, household, labor, labour, roles, scale, video, YouTube

Thursday May 13, 2010

May 13, 2010 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday May 13, 2010

Canadians’ household debt reaches record levels

Canadians’ debt-to-income ratio now ranks first among 20-advanced countries in the OECD and a new study suggests the recession did little to dampen the country’s enthusiasm for taking on household debt.

The level of household income soared to an average of more than $40,000, according to a report from the Certified General Accountants Association of Canada.

“We were a little bit surprised that throughout the recession we continued to take on debt,” Rock Lefebvre, a vice president for CGA Canada, told CTV News Channel.

Household debt reached an all-time high of $1.41 trillion, according to the report. If spread out evenly among Canadians, every man, woman and child would owe $41,740 — more than two-and-a-half times greater than 20 years ago.

Lefebvre said Canadians used to save up to 20 per cent of their disposable income as recently as the 1980s but that number is now less than one per cent.

“Consumerism has taken hold (in Canada) and people who have access to credit, are taking advantage of it,” he said.

Lefebvre said some debt is necessary to stimulate the economy and fill the government’s coffers.

However, he noted bankruptcies were up significantly during 2009 and governments’ debts are on the rise.

“The question becomes at what point has society taken on too much debt?” Lefebvre asked. (CTV) 

 

Posted in: Canada Tagged: architecture, bank, Canada, crush, debt, House, household, Lender, loan

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This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

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